Halliburton reveals biggest quarterly dividend in two decades



Halliburton Co., the firm with a big footprint all over Oklahoma, announced this week an increase in its latest quarterly dividend.

The payout will be up 6% to 17 cents a share, which is the highest dividend since the start of the COVID pandemic. The increase came after Hallibulrton’s fourtho-quarter earnings beat expectations and it generated $1.1 billion in free cash flow. It also was the best quarter for the company in more than 20 years.

“The outlook for oilfield services demand remains strong,” Chief Executive Officer Jeff Miller said Tuesday in a statement. “We will deepen and strengthen our value proposition, and generate significant free cash flow.”

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